New England Properties

Needham Real Estate Report March 2011

 

There are 110 single family homes on the market with average list price of $1,140,133


There were 20 homes sold in the month of March 2011 and 51 homes went under agreement.

20 homes sold for 97% of the list price in the month of March 2011
22 homes sold for 98% of the list price in the month of March 2010

The average sale price was $721,265 March 2011
The average sale price was $698,864 March 2010

The average list price was $744,290  March 2011
The average list price was $724,224  March 2010

In this market the buyers really cannot hesitate.  Properties are flying off the market at this point.